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Office of Fair Trading

Government Agency
Agency nameOffice of Fair Trading (Welsh: Swyddfa Masnachu Teg)
Agency overview
Formed 1973
JurisdictionUnited Kingdom
Annual budget£61 million (2009-2010)
HeadquartersFleetbank House, 2-6 Salisbury Square, London, EC4Y 8JX
Operational structure
Agency executivesJohn Fingleton, Chief Executive

     Home | Organization | Office of Fair Trading

The Office of Fair Trading (OFT) is a not-for-profit and non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforces both consumer protection and competition law, acting as the UK's economic regulator. The OFT's goal is to make markets work well for consumers, ensuring vigorous competition between fair-dealing businesses and prohibiting unfair practices such as rogue trading, scams and cartels. Its role was modified and its powers changed with the Enterprise Act 2002.

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Office of Fair Trading to investigate Credit Card Fees - Tweet this news -Office of Fair Trading- are set to investigate the huge numbers of rip off credit card fees that are cropping up after a Which? investigation. The results, which will come out in the next 90 days look set to lead to a full scale in - Date : Mon, 18 Apr 2011 14:22:16 GMT+00:00
OFT revokes licences for 'misleading customers' - FT Adviser Tweet this news
FT Adviser--The -Office of Fair Trading- has revoked consumer credit licences of four businesses for sending misleading mailings to consumers. The Dorset-based companies, Bankruptcy Limited, Intl Marketing Limited, UK Bankruptcy Limited, and UK Mortgage L - Date : Thu, 21 Apr 2011 00:11:59 GMT+00:00
OFT to examine extended warranties market - Tweet this news -Office of Fair Trading- is to examine the £750m market for extended warranties on electrical goods. About one in four people buy extended warranties, which cover the cost of repairs or replacement beyond manufacturer's warranty - Date : Fri, 15 Apr 2011 05:05:45 GMT+00:00
OFT fears narrowing range of powers - Financial Times Tweet this news
Financial Times--The chairman of the -Office of Fair Trading-, which is facing a merger with the Competition Commission, is calling for the new combined authority to retain its consumer protection powers so it can continue to ... - Date : Sun, 17 Apr 2011 16:36:22 GMT+00:00
Fair Trading kept busy in Penrith region - Penrith Press Tweet this news
Penrith Press--“Penrith is the third highest in volume - third in terms of volume of work (for the -Office of Fair Trading-),” he said. “(Penrith is) the location of the Consumer, Trader and Tenancy Tribunal (CTTT) and Westfield. We are really happy - Date : Sat, 16 Apr 2011 20:09:14 GMT+00:00
Office of Fair Trading warn of new phone scam - 3FM Tweet this news
3FM--The -Office of Fair Trading- are advising caution on the Isle of Man following numerous reports of a new telephone scam in circulation. The -Office of Fair Trading- are advising caution on the Isle of Man following numerous reports of a new telephone - Date : Wed, 13 Apr 2011 23:13:01 GMT+00:00
Office of Fair Trading shuts down bogus loan websites - BBC News Tweet this news
BBC News--Bogus websites claiming to offer loans to people have been closed down by the -Office of Fair Trading- (OFT). The 19 websites did not have licences to operate as credit brokers. However, the OFT said they were really aimed at garnering people&ap - Date : Fri, 08 Apr 2011 11:19:03 GMT+00:00
Tax with menaces: We'll take your TVs, cars and laptops and sell them for ... - Daily Mail Tweet this news
Daily Mail--Callers to the National Debtline are referred to -Office of Fair Trading- rules which say: 'You do not have to let the bailiffs in to your home. If you refuse entry to a collector they can apply for a warrant to break in to your home but - Date : Sat, 16 Apr 2011 22:41:55 GMT+00:00
Cut down to size - Fraser Coast Chronicle Tweet this news
Fraser Coast Chronicle---Office of Fair Trading- executive director Brian Bauer said Mr Moli and a team of workers door-knocked the elderly on the Fraser Coast in April, May and September 2010, offering tree-lopping services and immediately asked them for - Date : Fri, 15 Apr 2011 16:28:01 GMT+00:00
Buy Smart competition aims to turn students into savvy consumers - Media Newswire (press release) Tweet this news
Media Newswire (press release)--Deputy Premier and Minister responsible for Fair Trading Paul Lucas today launched the 10th annual -Office of Fair Trading- (OFT) Buy Smart competition. Deputy Premier and Minister responsible for Fair Trading Paul Lucas to - Date : Fri, 15 Apr 2011 02:48:11 GMT+00:00

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